CFPB: Make a Plan to Save Some of Your Tax Refund
Making a plan to save at tax time The start of the New Year means its tax season again. As you gather your tax records and prepare to file, why not use this annual responsibility to take another step towards building financial security for yourself or your family? For many Americans, a tax refund is…
CFPB: New Credit Monitoring, Medical Debit Restrictions and Mortgage Protections for Servicemembers and Veterans
Free credit monitoring, medical debt credit reporting restrictions, and mortgage protections for those recently back from active duty In May 2018, new protections for servicemembers and veterans were signed into law . The Federal Trade Commission (FTC) and the Bureau previously highlighted the new federal law that went into effect on September 21, 2018 requiring…
SBA: Apply for SBA Workshops on Women’s Business Center Grants
Funding Available to Help Train Idaho’s Women Entrepreneurs WASHINGTON – The U.S. Small Business Administration (SBA) will conduct workshops next week to train organizations in Idaho on best practices regarding the Women’s Business Center (WBC) grant application process. The following are the dates and locations of the workshops: Monday, Feb. 11 at 2 p.m. PST…
CFPB: Notice of Proposed Rulemaking on Payday Lending Released
The Consumer Financial Protection Bureau today is proposing to rescind certain provisions of its 2017 final rule governing “Payday, Vehicle Title, and Certain High-Cost Installment Loans.” Specifically, the Bureau is proposing to rescind the rule’s requirements that lenders make certain underwriting determinations before issuing payday, single-payment vehicle title, and longer-term balloon payment loans. The Bureau…
OCC: Grovetta Gardineer Named Senior Deputy Comptroller for Bank Supervision Policy
The Office of the Comptroller of the Currency (OCC) today announced Grovetta Gardineer will become its Senior Deputy Comptroller for Bank Supervision Policy upon the retirement of Grace Dailey on March 2, 2019. “Grovetta brings deep policy experience and passion to this new role and has been an important voice on the OCC’s Executive Committee…
CFPB: Common Errors People Find on Their Credit Report and How to Get Them Fixed
According to a study conducted by the Federal Trade Commission, one in five people have an error on at least one of their credit reports. Errors on your credit reports can lower your credit score, which could hurt your ability to get new lines of credit or make the terms of credit more expensive. Ultimately,…
FEMA: President Trump Approves Major Disaster Declaration for North Carolina
The Federal Emergency Management Agency announced that federal disaster assistance has been made available to the state of North Carolina to supplement state and local recovery efforts in the areas affected by Tropical Storm Michael from Oct. 10-12, 2018. Federal funding is available to the state and eligible local governments and certain private nonprofit organizations…
FEMA: President Trump Approves Major Disaster Declaration for Minnesota
The Federal Emergency Management Agency announced today that federal disaster assistance has been made available to the state of Minnesota to supplement state and local recovery efforts in the areas affected by severe storms and flooding on Oct. 9 – 11, 2018. Federal funding is available to state and local governments, and certain private nonprofit…
HUD: 2018 Year in Review Highlighting Accomplishments Released
Today, the U.S. Department of Housing and Urban Development (HUD) released its 2018 Year in Review outlining the major accomplishments of the agency under Secretary Ben Carson. “Over the past year, the Trump Administration has continued to deliver on its promise to create greater economic opportunity for low-income families and encourage reinvestment in underserved communities,”…